NLC India Balance Sheet Health
Financial Health criteria checks 4/6
NLC India has a total shareholder equity of ₹193.7B and total debt of ₹224.2B, which brings its debt-to-equity ratio to 115.7%. Its total assets and total liabilities are ₹549.4B and ₹355.8B respectively. NLC India's EBIT is ₹27.3B making its interest coverage ratio 3.4. It has cash and short-term investments of ₹7.5B.
Key information
115.7%
Debt to equity ratio
₹224.15b
Debt
| Interest coverage ratio | 3.4x |
| Cash | ₹7.46b |
| Equity | ₹193.66b |
| Total liabilities | ₹355.76b |
| Total assets | ₹549.42b |
Recent financial health updates
Is NLC India (NSE:NLCINDIA) A Risky Investment?
Jun 27
These 4 Measures Indicate That NLC India (NSE:NLCINDIA) Is Using Debt Reasonably Well
Nov 03These 4 Measures Indicate That NLC India (NSE:NLCINDIA) Is Using Debt Extensively
Jun 30Is NLC India (NSE:NLCINDIA) A Risky Investment?
Jan 26Is NLC India (NSE:NLCINDIA) A Risky Investment?
Sep 07Does NLC India (NSE:NLCINDIA) Have A Healthy Balance Sheet?
Jun 07Recent updates
With EPS Growth And More, NLC India (NSE:NLCINDIA) Makes An Interesting Case
Sep 11NLC India Limited (NSE:NLCINDIA) Shares Fly 28% But Investors Aren't Buying For Growth
Jul 16Is NLC India (NSE:NLCINDIA) A Risky Investment?
Jun 27Is Now The Time To Put NLC India (NSE:NLCINDIA) On Your Watchlist?
Jun 11Investors Aren't Buying NLC India Limited's (NSE:NLCINDIA) Earnings
May 27Here's What To Make Of NLC India's (NSE:NLCINDIA) Decelerating Rates Of Return
May 12Here's Why We Think NLC India (NSE:NLCINDIA) Is Well Worth Watching
Mar 04One NLC India Limited (NSE:NLCINDIA) Analyst Is Reducing Their Forecasts For This Year
Feb 18NLC India Limited (NSE:NLCINDIA) Soars 26% But It's A Story Of Risk Vs Reward
Feb 07Return Trends At NLC India (NSE:NLCINDIA) Aren't Appealing
Feb 04A Piece Of The Puzzle Missing From NLC India Limited's (NSE:NLCINDIA) Share Price
Dec 19Do NLC India's (NSE:NLCINDIA) Earnings Warrant Your Attention?
Nov 19These 4 Measures Indicate That NLC India (NSE:NLCINDIA) Is Using Debt Reasonably Well
Nov 03NLC India (NSE:NLCINDIA) Has Some Way To Go To Become A Multi-Bagger
Aug 09These 4 Measures Indicate That NLC India (NSE:NLCINDIA) Is Using Debt Extensively
Jun 30NLC India (NSE:NLCINDIA) Will Want To Turn Around Its Return Trends
May 05Is NLC India (NSE:NLCINDIA) A Risky Investment?
Jan 26NLC India (NSE:NLCINDIA) Will Want To Turn Around Its Return Trends
Jan 03Is NLC India (NSE:NLCINDIA) A Risky Investment?
Sep 07NLC India (NSE:NLCINDIA) Will Want To Turn Around Its Return Trends
Aug 04Does NLC India (NSE:NLCINDIA) Have A Healthy Balance Sheet?
Jun 07Be Wary Of NLC India (NSE:NLCINDIA) And Its Returns On Capital
Mar 06Does NLC India (NSE:NLCINDIA) Have A Healthy Balance Sheet?
Dec 30NLC India's (NSE:NLCINDIA) Performance Is Even Better Than Its Earnings Suggest
Nov 18Here's Why NLC India (NSE:NLCINDIA) Is Weighed Down By Its Debt Load
Sep 28Here's What's Concerning About NLC India's (NSE:NLCINDIA) Returns On Capital
Aug 18Financial Position Analysis
Short Term Liabilities: NLCINDIA's short term assets (₹93.3B) exceed its short term liabilities (₹80.5B).
Long Term Liabilities: NLCINDIA's short term assets (₹93.3B) do not cover its long term liabilities (₹275.3B).
Debt to Equity History and Analysis
Debt Level: NLCINDIA's net debt to equity ratio (111.9%) is considered high.
Reducing Debt: NLCINDIA's debt to equity ratio has reduced from 148.5% to 115.7% over the past 5 years.
Debt Coverage: NLCINDIA's debt is well covered by operating cash flow (25.1%).
Interest Coverage: NLCINDIA's interest payments on its debt are well covered by EBIT (3.4x coverage).